129.5 billion yuan: The world's second largest flash memory chip manufacturer is going to be sold! Japan's only seedling is being snatched away
According to U.S. media reports, Western Digital is in early talks with Japanese semiconductor manufacturer Kioxia on a possible merger and acquisition, and the transaction size could be as high as US$20 billion (approximately RMB 129.5 billion).
The two sides will reach an agreement as early as mid-September, and Western Digital's current CEO David Goeckeler will be responsible for the management of the merged company.
Influenced by this news, Western Digital's stock price rose by 15% in the afternoon, with a market value of US$21.45 billion. In regular trading, Western Digital's stock price rose by US$4.74, or 7.8%, to close at US$65.5, with a market value of US$20.07 billion.
Kioxia was previously known as Toshiba Memory and was sold to a consortium led by U.S. private equity firm Bain Capital for $18 billion in 2018. Toshiba still holds about 40.6% of Kioxia's shares. Kioxia is currently the world's second largest flash memory chip manufacturer.
The report also mentioned that if Kioxia fails to reach a merger agreement with Toshiba, it may restart its IPO plan as early as September.
Disclaimer
All information and charts published on this platform are for reference only. The publication of these documents does not constitute an invitation or intention to acquire, purchase, subscribe, sell or hold any shares. The profits and losses caused by investors' financial, securities and other investment projects based on the information, materials and charts provided by this website have nothing to do with this website. In addition to original works, the articles, pictures, videos and music used on this platform belong to the original rights holders. Due to objective reasons, there may be cases of improper use, such as some articles or part of the quoted content of the articles failed to contact the original author in time, or the author's name and original source were marked incorrectly, etc., which is not a malicious infringement of the relevant rights of the original rights holder. Please understand and contact us for timely processing to jointly maintain a good network creation environment.
Chipcom
- SemiWebs -
Focus on semiconductors, mobile communications and artificial intelligence
Please press and hold the QR code below to follow Xintongshe
▼
Partners
If you miss it, you may
miss it for a lifetime. Why don’t you follow us?
京公网安备 11010802033920号